Scholastic Q1 Loss Widens, Revenue Falls; Shares Drop After-Hours

04:18 PM EDT, 09/24/2026 (MT Newswires) -- Scholastic (SCHL) reported a fiscal Q1 adjusted loss late Thursday of $3.63 per diluted share, widening from a loss of $2.52 a year earlier. Two analysts polled by FactSet expected a loss of $3.42. Revenue for the quarter ended Aug. 31 was $216.8 million, down from $225.6 million a year earlier. Two analysts expected $224.7 million. For fiscal 2027, the company affirmed revenue growth of 2% to 4% and adjusted EBITDA of $135 million to $145 million. Shares were down over 10% in after-hours activity.